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Dec 6, 2012
12/12
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CNBC
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128 years ago today, the washington monument was finished. get this -- construction started in 1848. it took 36 years from beginning to end. well, you had a civil war in the middle there, too, but it does sound a little bit like d.c. these days, doesn't it? r look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider i
128 years ago today, the washington monument was finished. get this -- construction started in 1848. it took 36 years from beginning to end. well, you had a civil war in the middle there, too, but it does sound a little bit like d.c. these days, doesn't it? r look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's...
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Dec 26, 2012
12/12
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CNBC
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house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the
house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official...
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Dec 18, 2012
12/12
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CNBC
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the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this m
the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan...
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Dec 26, 2012
12/12
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CNBC
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you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's no real cuts in the cliff. >> you guys sound like congress. keep on arguing behind the scenes. enjoy yourselves. thank you so much, michael. peter, you're sticking around. >>> meantime, the fiscal cliff may be a big deal but there is another threat out there which might be in the short term more risky. the container cliff. businesses up and down the eastern seaboard are bracing for a massive port showdown as unions threaten to strike and possibly shut down most imports and exports out of this country. let's add in cnbc contributor jimmy peeb. we focus so much on the fisca
you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's...
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Dec 18, 2012
12/12
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CNBC
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send it to washington. i it's kenny's recipe of the day. >> they are so great. >> maybe they will talk more. you never know. >>> sue to the bond market, five-year notes up for action. rick santelli. >> hi, tyler, another spongy auction. the high stroke of 1:00 eastern was .765 on the bid side. what were the results of this auction, .769. it tailed off a bit. the 10 auction average, 2.87. this was deficient at 2.72. the lightest since july. indirect well below 42 auction average. here is where it's interesting. new trend, central banks, large institutions on direct bidding, 30.4, 11% is a 10 auction average. that's the best since sep '04, 77 basis points. rick, all yours. >> let's bring in jeff, cnbc contributor. you're a bond guy at the cme. is this a bond bubble and are we coming out of it? >> we talked a couple weeks ago on "power lunch" how we're poised to see the long end of the curve. we had confirmation when ben bernanke said they were going to focus the purchase on the belly of the curve. that's what
send it to washington. i it's kenny's recipe of the day. >> they are so great. >> maybe they will talk more. you never know. >>> sue to the bond market, five-year notes up for action. rick santelli. >> hi, tyler, another spongy auction. the high stroke of 1:00 eastern was .765 on the bid side. what were the results of this auction, .769. it tailed off a bit. the 10 auction average, 2.87. this was deficient at 2.72. the lightest since july. indirect well below 42...
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Dec 9, 2012
12/12
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WJLA
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confidence, whatever you call it that there will be some sort of resolution around the fiscal cliff and that washington, d.c. is not so recklessly irresponsible to throw this economy back in to recession. so they are behaving as if the fiscal cliff will be resolved. so auto sales have met the challenges of the debt crisis of high gas prices and now the fiscal cliff with the american consumer on a durable good saying we think at the end of the day they will do the right thing and this will be resolved. >> what are you seeing out there? you sell all kinds of cars. what are the hottest brands? whether it is luxury, economy brands, what are you selling most and what's hot? >> i think the most important development in the marketplace is the embracing of fuel economy by the american consumer in an unprecedented way. what's interesting, it is not hybrids and electrics they are embracing. here's the basic equation. we are saying you can have the same size vehicle with the same speed but a 25 to 30% improvement in fuel efficiency with traditional technology that you get your money back in two to three years. th
confidence, whatever you call it that there will be some sort of resolution around the fiscal cliff and that washington, d.c. is not so recklessly irresponsible to throw this economy back in to recession. so they are behaving as if the fiscal cliff will be resolved. so auto sales have met the challenges of the debt crisis of high gas prices and now the fiscal cliff with the american consumer on a durable good saying we think at the end of the day they will do the right thing and this will be...
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Dec 11, 2012
12/12
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CNBC
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we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not agreed upon, along with new revenue right now. not later. but now, the next salvo, democrats now are saying that they won't put any spending cut proposals out there, they want to first hear what cuts the republicans want first. i guess so that they can use that against them in the public forum. we'll remember the infamous granny over the cliff ad after paul ryan floated his budget. so, what is the end game here? what if john boehner doesn't blink? we now have less than three weeks before the new year. i have said it before -- i am not expectin
we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not...
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Dec 18, 2012
12/12
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WBAL
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good news and bad news out of washington. let's start with the good news. president obama and house speaker john boehner have agreed on a tax hike on the very rich. the bad news -- they cannot agree on who falls under that category. we have more from capitol hill. >> protesters came to the capital demanding republicans agree to tax hikes on the top 2% of americans, the original obama plan he campaigned on. but speaker john boehner is promoting a new plan, which he calls plan b. >> tax hikes on the top 1%. we will go back to the clinton era. >> plan b would protect american taxpayers to make $1 million or less and have all of their current rates extended. >> but president obama says not good enough. his new proposal is too high taxes on earnings above 400,000 and cut spending an additional $1.42 trillion. >> it seems like folly to walk away from that opportunity because you do not want to ask someone making $995,000 a year to pay a dime more of income taxes. >> some republicans say the speaker is going too far agreeing to raise taxes on anyone. >> i hated. o
good news and bad news out of washington. let's start with the good news. president obama and house speaker john boehner have agreed on a tax hike on the very rich. the bad news -- they cannot agree on who falls under that category. we have more from capitol hill. >> protesters came to the capital demanding republicans agree to tax hikes on the top 2% of americans, the original obama plan he campaigned on. but speaker john boehner is promoting a new plan, which he calls plan b. >>...
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Dec 7, 2012
12/12
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CNBC
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our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as yo
our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since...
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Dec 6, 2012
12/12
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WBAL
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. >> they will not have him against the washington redskins -- he returned to the practice field for the first time since he tore his triceps against the dallas cowboys. lewis can return as early as next week when they face the broncos. he understands the value of the matchup between # 52 and peyton manning, but it will not factor the decision whether he sees the game. >> he will not play on sunday. that is not something -- i do not know he is ready to play. we'll see how he dies. when he is ready to play, we will let you know. -- we will see how he dies. oes.he is readplay, we will let we will let you know. tom tasselmyer did not today ree terrell suggs did not play today either. if he had surgery -- if he rushes back before he showed, his season could also end. shows how much he means to this team. it looks like sunday morning will be whether he can line up in a d.c. or stand on the sidelines. >> we will see how it goes. you all pretty much know me. we have been around some time. if you can breathe, you can play, but we have to see how it holds up. that will be the decision on sund
. >> they will not have him against the washington redskins -- he returned to the practice field for the first time since he tore his triceps against the dallas cowboys. lewis can return as early as next week when they face the broncos. he understands the value of the matchup between # 52 and peyton manning, but it will not factor the decision whether he sees the game. >> he will not play on sunday. that is not something -- i do not know he is ready to play. we'll see how he dies....
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Dec 4, 2012
12/12
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FOXNEWSW
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that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will not work out. it sounds like some days i -- dates i went through. but enough about me back to my guest. this man claims the salvation army turned him away as a singing bell ringing because cute women bring if more cash. he is not ripping a bell anymore. is that legal? does he have a case? lis wiehl and deborah are trying this. we pit out a call to the salvation army and we will get their statement in a second lis? >>lis: he does. reverse discrimination. unless you try out for the rock rocketettes, where your looks matter so were, it shouldn't matter. plus, the guy is kind of cute. >>neil: he is fuzzy. he does, indeed -- there he is. reverse discrimination
that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will not work out. it sounds like some days i -- dates i went through. but enough...
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Dec 18, 2012
12/12
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KGO
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many americans turn to washington in their grief for answers as to what they can do, what society can do to prevent future sandy hooks. they did not hear any answers coming from the white house. diane? >> all right, jake, thanks. >>> and still ahead here on "world news," that question of mental health. we have been hearing from parents coming out of the shadows and worried about their troubled children. saying they need help. what is the solution for them? what can be done? that's next. ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. a delicious new way to get essential vitamins you need. just bite into the tasty shell... to a chewy vitamin core for a unique multivitamin sensation! new centrum flavor burst. a body at rest tends to st
many americans turn to washington in their grief for answers as to what they can do, what society can do to prevent future sandy hooks. they did not hear any answers coming from the white house. diane? >> all right, jake, thanks. >>> and still ahead here on "world news," that question of mental health. we have been hearing from parents coming out of the shadows and worried about their troubled children. saying they need help. what is the solution for them? what can be...
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Dec 5, 2012
12/12
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CNBC
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this is new video from washington. members only. membership has its privileges. we're 26 days away from going over the fis calf cliff and these are members of the house of representatives walking out. they're going home. no session tomorrow, long weekend. they need a rest. i hope someone can explain this to me. >>> the bears taking a big bite out of apple computer today. the stock getting hammered. has apple lost its mojo or does the company still have room to run? >>> and city, the big slash. knife coming down on 1,000 jobs. the cfo is set to speak about the shake-up right now and we will have the very latest on this very widely held stock which has been moving higher tod today. >>> we have a rally on our hands despite some downward pressure in apple. two of the biggest names in the most widely held stocks around, citi and apple topping the news this hour. headlines aren't good. apple right now is down about 4%. back in bear market territory, down 22% from their historic intraday high of $705 set back in september. right now shares are trading at $551.33. bob pi
this is new video from washington. members only. membership has its privileges. we're 26 days away from going over the fis calf cliff and these are members of the house of representatives walking out. they're going home. no session tomorrow, long weekend. they need a rest. i hope someone can explain this to me. >>> the bears taking a big bite out of apple computer today. the stock getting hammered. has apple lost its mojo or does the company still have room to run? >>> and...
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Dec 16, 2012
12/12
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CNNW
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. >> there's some developing news coming out of washington to tell you about. has house speaker john boehner come up with a proposal? the president and demoats can accept to avoid the fiscal cliff? we've got the details. dtd ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance?
. >> there's some developing news coming out of washington to tell you about. has house speaker john boehner come up with a proposal? the president and demoats can accept to avoid the fiscal cliff? we've got the details. dtd ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. ♪ ♪ [ male announcer ] everyone deserves the...
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Dec 21, 2012
12/12
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CNBC
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because it's not great in washington. because it hasn't been great in washington. there was a perception when president obama won fairly big, that it would improve in washington. but the people who were voting on this are beholding to their constituents and have taken a no-tax increase pledge. the president won a lot of votes, and it just doesn't work like that. >> we'll be seat agnew congress in -- we'll be seating a new congress in the new year. the house will be republican, the senate will be democrat, but not the 60 votes to override -- >> but we have to give back some of -- people are buying stocks because they thought there was going to be a deal. they have to rethink that. i mean, a lot of hedge funds are thinking, i'm okay, there's really no news between now -- there's a pact among all the research firms, don't issue anything, don't do sells. these guys are obviously not focused on that in washington. you have to roll back some of what's happening. >> right. >> some of what's been good. not all of it -- why were you laughing when i said you said panic was a
because it's not great in washington. because it hasn't been great in washington. there was a perception when president obama won fairly big, that it would improve in washington. but the people who were voting on this are beholding to their constituents and have taken a no-tax increase pledge. the president won a lot of votes, and it just doesn't work like that. >> we'll be seat agnew congress in -- we'll be seating a new congress in the new year. the house will be republican, the senate...
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Dec 23, 2012
12/12
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FOXNEWSW
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hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate budget committee. senators welcome back to "fox news sunday." >> thanks for having me. >> good to be with you. >> chris: before heading to hawaii for christmas the president laid out a new stripped down plan to avert the fiscal cliff. here is what it is. extend the bush tax cuts for people making less than $250,000. extend unemployment benefits for the 2 million people who will run out next month and delay the sequester of $110 billion in spending cuts next year. for all of the talk of $4 trillion in debt reduction this plan would only
hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate...
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Dec 3, 2012
12/12
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CNBC
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diana olick has it all for us from washington. >> tyler, numbers are coming down. in this case that's a good thing. 58,000 completed foreclosures in october according to core logic, down 25% from september which did see a big upward revision but still we're down 17% from a year ago. although we're still running at three times the historical norms. got to keep it real, people. anyway, california, florida, michigan, georgia and texas made up half of the foreclosures. the rest are new york, new jersey, illinois and nevada. four out of five are judicial states where you need a judge to sign off on each foreclosure. nevada seeing a big slowdown due to new laws there protecting borrowers. expect to see more of a drop in foreclosures in the coming months. both fannie mae and freddie mac announcing their usual foreclosure moratorium for the holidays. most banks halt foreclosures for 90 days in new york and new jersey. clear capital will release a report tomorrow showing home price gains weakening rather dramatically in november and they're warning all bets are off on housi
diana olick has it all for us from washington. >> tyler, numbers are coming down. in this case that's a good thing. 58,000 completed foreclosures in october according to core logic, down 25% from september which did see a big upward revision but still we're down 17% from a year ago. although we're still running at three times the historical norms. got to keep it real, people. anyway, california, florida, michigan, georgia and texas made up half of the foreclosures. the rest are new york,...
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Dec 17, 2012
12/12
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FOXNEWSW
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we were consumed in washington d.c. with going to a gas station, taking your kids out to the home depot. >> yes. >> bret: and you think about communities that are gripped with fear after one of these events. >> well, i think as you're saying, he's not just speaking to this crowd here, he's speaking to the nation, a nation who is mourning and a nation who is frightened and people who have young children and nieces and nephews, look, they see this and they think this could happen to my children. i mean, what's to say there's not a copy cat or something like that, and i think that the president has to -- is going to be doing a lot of reassuring as well. >> we're looking live at the auditorium at newtown high school, about 900 people inside that auditorium, about 1300 people in an overflow area that has a live feed. there are other people outside. we're told the place is packed and obviously, a lot of family members there to see the president, to listen to him. there's a long lineup here and we're going to pause now so that
we were consumed in washington d.c. with going to a gas station, taking your kids out to the home depot. >> yes. >> bret: and you think about communities that are gripped with fear after one of these events. >> well, i think as you're saying, he's not just speaking to this crowd here, he's speaking to the nation, a nation who is mourning and a nation who is frightened and people who have young children and nieces and nephews, look, they see this and they think this could...
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Dec 20, 2012
12/12
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CNNW
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we have a facebook page they should jump on that and we can create a critical mass some show washington to work together. >> you were saying today, you have been going to wakes and funerals all day long. >> my husband coined a term which is awful, an assembly line of wakes and funerals. we can't figure out which one to go to we have to divide and conquer. the sandy hook teachers are struggling trying to get to as many as possible. and that is true for many of the parents we are struggling with that. >> you are often waiting two hours to get into pay your respects. two to five hours it is freezing cold and yesterday that is raining. that is a wonderful thing because so many people are coming out to support the families. our town is gridlocked with traffic with people from out of town and with the media. we have to plan to leave our houses sometimes an hour before you want to be there. we can think of nothing else but funerals and wakes and maybe taking a meal to somebody. >> andre, how is your son doing he was there? >> it is difficult to talk about that. he is a little guy. he keeps a l
we have a facebook page they should jump on that and we can create a critical mass some show washington to work together. >> you were saying today, you have been going to wakes and funerals all day long. >> my husband coined a term which is awful, an assembly line of wakes and funerals. we can't figure out which one to go to we have to divide and conquer. the sandy hook teachers are struggling trying to get to as many as possible. and that is true for many of the parents we are...
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Dec 6, 2012
12/12
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CNBC
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it's all on washington. i was impressed with yesterday the market was able to hold on to an advance in the face of apple. i think that boded pretty well. >> well, i think that's true but i think apple is a situation and issue unto itself. right? certainly it affects -- you saw what it did to the nasdaq yesterday. but for the broader market i think it does say a lot for the strength of the broader market in terms what have it wants to see. it wants to see the resolution. whether apple goes up or down. if we get a resolution of the fiscal cliff or the sense that we will, i think the market will respond to the up side. >> the market has the federal reserve behind it and the ecb behind it. we saw today not much came out of the ecb. everything, bond yields are down, stock markets, global markets are holding up very, very well right now. >> they're all waiting in this holding pattern, too. >> chinese takeout for dinner tonight. thanks, have a safe trip, kenny. >>> to the bond market, rick santelli tracking market.
it's all on washington. i was impressed with yesterday the market was able to hold on to an advance in the face of apple. i think that boded pretty well. >> well, i think that's true but i think apple is a situation and issue unto itself. right? certainly it affects -- you saw what it did to the nasdaq yesterday. but for the broader market i think it does say a lot for the strength of the broader market in terms what have it wants to see. it wants to see the resolution. whether apple goes...
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Dec 23, 2012
12/12
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WMAR
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. >> let me ask you about another washington story. we're nine days away from going over the fiscal cliff. any progress to speak of today? >> there are a number of members of congress today asking that the president and the speaker try one more time. both republicans and democrats and the senate are saying the chances of that big debt reducing deal really are lost. it's now a small deal, they expect it out of the senate probably later this week. >> david kerley reporting from washington tonight. thank you. >>> president obama attended the burial today of daniel inouhe. it was a 19-gun salute when the senator's coffin arrived at the national memorial cemetery of the pacific. he was the first japanese american elected to both houses of congress, the second longest serving senator in american history. he was 88 years old. >> the other big story we're following tonight, with a third of all americans traveling for the holidays, meteorologists are worried about the nightmare after christmas. two new storms are moving in. we'll get the foreca
. >> let me ask you about another washington story. we're nine days away from going over the fiscal cliff. any progress to speak of today? >> there are a number of members of congress today asking that the president and the speaker try one more time. both republicans and democrats and the senate are saying the chances of that big debt reducing deal really are lost. it's now a small deal, they expect it out of the senate probably later this week. >> david kerley reporting from...
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. >> pelley: while our attention was on newtown, connecticut, in washington there was real progress on avoiding the so-called fiscal cliff. that's the big tax increases for most americans and across-the-board spending cuts that would kick in in just two weeks. major garrett is at the white house for us tonight. major? >> reporter: scott, top white house advisors tell us house speaker john boehner broke the logjam when he agreed to raise some income tax rates. this comes with a price, one that president obama is not yet agreed to pay. the president and boehner met in the oval office for just under an hour. in a call to mr. obama friday just after his statement on the connecticut school massacre boehner for the first time agreed to raise income tax rates he proposed raising the top rate from 35% to 39.6% on households earning one million dollars a year or more. mr. obama wants to raise rates on householdss making $250,000 or more. congressional sources say boehner has most house republicans with him. here's the catch, republicans want mr. obama to agree to one trillion in spending cuts,
. >> pelley: while our attention was on newtown, connecticut, in washington there was real progress on avoiding the so-called fiscal cliff. that's the big tax increases for most americans and across-the-board spending cuts that would kick in in just two weeks. major garrett is at the white house for us tonight. major? >> reporter: scott, top white house advisors tell us house speaker john boehner broke the logjam when he agreed to raise some income tax rates. this comes with a...
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Dec 14, 2012
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thank you so much, eamon javers in washington. neither side seems closer to signing on the dotted line so is congress living on borrowed time with the markets as it drags out the process in the next couple of weeks? christopher whalen is with me and says the market will throw a tantrum if we don't get a deal and another says the markets will trade sideways to slightly lower from now until year end. >> you think the markets have actually baked in no deal? >> i think there's likely to be a deal by late december, early january, last minute and the markets are poised to rally. i think they are kind of going sideways the next few days or so. i think they are probably going to rally in the year end, early january and then i'd be worried about a downtown because i think the first quarter will be surprisingly weak in the united states. >> the first quarter will be weak. we already know about the anticipation going into the first quarter. the reason i'm stuck on this question is you think that this is baked in because i think the market is
thank you so much, eamon javers in washington. neither side seems closer to signing on the dotted line so is congress living on borrowed time with the markets as it drags out the process in the next couple of weeks? christopher whalen is with me and says the market will throw a tantrum if we don't get a deal and another says the markets will trade sideways to slightly lower from now until year end. >> you think the markets have actually baked in no deal? >> i think there's likely to...
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Dec 16, 2012
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could hit the fiscal cliff, now, in washington, there could be a deal. at least they're close to a deal, possibly. a source close to the talks tells cnn that house speaker john boehner is willing to hike taxes on the wealthiest americans. that's something the president says must be included in any plan, but speaker boehner previously called tax increases on top earners a nonstarter. his office says there is no deal. >>> president obama seems set to nominate john kerry as his next secretary of state. united nations ambassador susan rice was the expexed choice, but you remember she pulled her name out of the running because of the controversy over her comments in the wake of the benghazi attacks. the formal announcement could come this week. >>> outgoing secretary of state, hillary clinton, is resting at home after suffering a concussion. she has been battling a stomach virus and fainted. her office said it's not severe, but clinton will be forced to skip her appearance in front of the house foreign relations committee this week. she was expected to testif
could hit the fiscal cliff, now, in washington, there could be a deal. at least they're close to a deal, possibly. a source close to the talks tells cnn that house speaker john boehner is willing to hike taxes on the wealthiest americans. that's something the president says must be included in any plan, but speaker boehner previously called tax increases on top earners a nonstarter. his office says there is no deal. >>> president obama seems set to nominate john kerry as his next...
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Dec 7, 2012
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lynn. >>> tracie pots for us in washington. tracie, thanks. >>> new jersey governor chris christie is making a personal plea for federal disaster aid. the republican governor paid an unannounced visit to the white house to ask president obama for $83 billion in aid for new jersey, new york, and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some same gop king maker senator jim demint of south carolina is stepping down from congress on january 1st. demint will become the head of the heritage foundation. that's a conservative think tank with an $80 million a year budget. demint is just two years into a second six-year term and south carolina governor nikki haley will appoint his successor. >>> well, it sure does sound like a plot out of a tom clancey cold war novel. a rogue navy sailor is accused of selling tracking technology to the russians. nbc affiliate reporter andy fox with wavy has that story. >> reporter: rober
lynn. >>> tracie pots for us in washington. tracie, thanks. >>> new jersey governor chris christie is making a personal plea for federal disaster aid. the republican governor paid an unannounced visit to the white house to ask president obama for $83 billion in aid for new jersey, new york, and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some same gop...
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about 200 people rallied outside the washington, d.c. headquarters of the national rifle association. the demonstrators called for the powerful lobby group to stop calling for gun control reform. >>> out west, a group caused an astounding number to turn in guns. they receive the 596 guns. $200 cash was given out for each gun until the cash ran out forcing them to hand out vouchers. >>> and authorities charged 200 with hazing crimes. 19-year-old david boganburger died december 2nd. after taking place in a drinking ritual. and his alcohol level was five times the legal limit. >>> finally, crews rushed to find a man who fell 30 feet inside a water tower. the man suffered two broken legs and a broken nose but was hoisted out of the tank. >>> in and victor cruz on connecticut shooting victim jack pinto. as we showed you yesterday, cruz wrote jack pinto's name on his shoes calling him my hero. after the game, he told how he felt. >> it was emotional a, man. it felt good to honor a family that was going through so much. no words to describe the
about 200 people rallied outside the washington, d.c. headquarters of the national rifle association. the demonstrators called for the powerful lobby group to stop calling for gun control reform. >>> out west, a group caused an astounding number to turn in guns. they receive the 596 guns. $200 cash was given out for each gun until the cash ran out forcing them to hand out vouchers. >>> and authorities charged 200 with hazing crimes. 19-year-old david boganburger died december...
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Dec 19, 2012
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both suggesting that last week's horrible school shooting may just help the two sides in washington find some common ground. good morning, i'm brian schactman, this is "way too early." we have a lot of news to talk b including a tough new report saying the state department failed to provide enough security security in bengahzi, first the latest on newtown, connecticut. this morning president obama is expected to announce that vice president joe biden will spearhead his administration's response to the newtown shooting. the president is not expected to go into detail on policy decisions, but yesterday the white house hinted at what new legislation might look like. >> he is actively supportive of, for example, senator feinstein's stated intent to revive a piece of legislation that would reinstate the assault weapons ban. he supports and would support legislation that addresses the problem of the so-called gun show loophole. and there are other elements of gun legislation that he could support. people talked about high-capacity ammunition clips for example. that's something that certainly h
both suggesting that last week's horrible school shooting may just help the two sides in washington find some common ground. good morning, i'm brian schactman, this is "way too early." we have a lot of news to talk b including a tough new report saying the state department failed to provide enough security security in bengahzi, first the latest on newtown, connecticut. this morning president obama is expected to announce that vice president joe biden will spearhead his...
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Dec 21, 2012
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the nra speaks out tomorrow in washington. we honor the lives that were remembered there that day. jesse lewis couldn't wait to get to school that friday. he was excited for the holidays and his dad was going to join him in the class that afternoon to make gingerbread houses. he was 6 years old. smart, passionate beyond his years, his dad thought jesse could concur the world. he died trying to lead others to safety after hearing gunshots in the hallway. that's how he led his life, his parents say, fearless, courage, and full of strength about jesse loved animals and was learning to ride horses. his favorite toy was a little soldier. almost every night of his life, jesse slept in his mother's arms. his family writes, the picture that remains etched in our souls is his in his boots, ripped jeans and t-shirt, chomping through the pasture on his way from one adventure to another. catherine hubbard was known for the bright red hair and her smile that was always on her face. she, too, was 6 years old. every single christmas she asked santa to bring her a pet. even as baby she asked santa
the nra speaks out tomorrow in washington. we honor the lives that were remembered there that day. jesse lewis couldn't wait to get to school that friday. he was excited for the holidays and his dad was going to join him in the class that afternoon to make gingerbread houses. he was 6 years old. smart, passionate beyond his years, his dad thought jesse could concur the world. he died trying to lead others to safety after hearing gunshots in the hallway. that's how he led his life, his parents...
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Dec 11, 2012
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while washington quarrels with itself, time for washington to put differences aside and put real compromise on the table. rise beyond disparity, rise past adversity, rise above. this is a cnbc special report "mission critical, rise above d.c." >> and the mission continues at 2:00 eastern time. welcome everybody i'm brian sullivan along with mario bartiromo. this is our special all day coverage live from capitol hill, mission critical, rise above d.c. after candid interviews with lawmakers all morning long, this is what we know now. just last hour representative lee terry, republican from nebraska tells us he feels like discussions on spending cuts are going backwards. early in the morning, democratic senator conrad, about to finish his term, sees says optimistic a deal will get done but would like to see a whole lot more added to it, a $4 trillion big deal, as he calls it. >> yes, he did. earlier this afternoon, a key word from speaker boehner. the recent silence from his office and the administration breaking down. listen to this. >> i'm hopeful we can reach an agreement. this is a serious
while washington quarrels with itself, time for washington to put differences aside and put real compromise on the table. rise beyond disparity, rise past adversity, rise above. this is a cnbc special report "mission critical, rise above d.c." >> and the mission continues at 2:00 eastern time. welcome everybody i'm brian sullivan along with mario bartiromo. this is our special all day coverage live from capitol hill, mission critical, rise above d.c. after candid interviews with...
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tara mergener in washington. good to see you. thank you very much. >>> coming up on the morning news, a senator and decorated war hero. we remember the remarkable life of daniel inouye, the country's first japanese american senator who served for five decades. this is the morning news. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're in. i think just like a big, open space. like i'm hanging the sheets on the line. and it smells really fresh, man. let's take your blindfold off. oh! [ both laugh ] super-weird! oh, is it febreze? yeah. ohh, how about that? febreze has anti-clogging technology that keeps it smelling fresh, even after 30 days. febreze. breathe happy. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical
tara mergener in washington. good to see you. thank you very much. >>> coming up on the morning news, a senator and decorated war hero. we remember the remarkable life of daniel inouye, the country's first japanese american senator who served for five decades. this is the morning news. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're in. i think just like a big, open space. like i'm...
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peter doocy is live in washington with more. hi, peter. >> today's unemployment effort will be the first since super storm sandy hit the east. any jobs that were lost economists are expecting a lousy report as a result of the storm. but regardless of what the number is, we are still one day closer to the fiscal cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that one thing is extending the busheir raw tax cuts for top earners. >> oo i am not going to sign any package that prevents the top to go up but i am going to get something that is good for this fm lay and good for the american economy. >> in the senate mitch mcconnell proposed a vote on the part of the president's proposal that would allow the white house and not congress to control on its own without their input. but majority leader harry reid said that is not. >> if the president's proposal is made in good faith our friends should be eager to vot
peter doocy is live in washington with more. hi, peter. >> today's unemployment effort will be the first since super storm sandy hit the east. any jobs that were lost economists are expecting a lousy report as a result of the storm. but regardless of what the number is, we are still one day closer to the fiscal cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that...
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. >> reporter: if washington can't reach a compromise, the economic recovery could stall. if we cannot figure this out, they're putting a bunch of huge and ugly potholes on a road that was supposedly going to get us to economic recovery. >> reporter: in fact, air traffic controllers warn that more than 100 small airports could lose their control towers. jobs and revenue that may never come back. john bentley, cbs news, new york. >> winter storms are spreading across the country, a massive storm that created havoc east of the mississippi is now headed to new england. that storm left a trail of power outages in the southeast after dumping some 15 inches of snow. in california, heavy snows continue to pile up. but inside the storm clouds there is a silver lining, as carter evans reports. >> reporter: snow fell again today in california's mountains. the latest in a string of storms that could have a major effect on the state's drought. >> if this trend top storys we'll be looking at excess water, rather than a water shortage. >> reporter: this san francisco meteorologist says
. >> reporter: if washington can't reach a compromise, the economic recovery could stall. if we cannot figure this out, they're putting a bunch of huge and ugly potholes on a road that was supposedly going to get us to economic recovery. >> reporter: in fact, air traffic controllers warn that more than 100 small airports could lose their control towers. jobs and revenue that may never come back. john bentley, cbs news, new york. >> winter storms are spreading across the...
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. >> she was talking about washington state and ready to change her whole life, sell her house and start over, just for him, just so he could go to school and he was her life. >> friends say nance alanza was a gun enthusiast and had taken up target shooting as a hobby and they insist she was always responsible with guns. >> they painted her as some irresponsible gun freak and she wasn't. she was the epitome of responsibility and she was a paragon for gun safety and taught the boys how to use the guns responsibly. >> little did she know the son she doted on and taught how to use guns would turn those guns on her and children. they believe he shot and killed his mother as she was lying in bed before taking her guns, two of her handguns and an assault rifle. i sat down with some of nancy's friends at one of her favorite restaurants, a place she went to two or three times a week. it is called my place and i asked them about who was nancy lanza? >> 12 years ago, 12, 15 years ago, met her here in the bar. she would come in and take out food and we got to know each other and with mark and we wo
. >> she was talking about washington state and ready to change her whole life, sell her house and start over, just for him, just so he could go to school and he was her life. >> friends say nance alanza was a gun enthusiast and had taken up target shooting as a hobby and they insist she was always responsible with guns. >> they painted her as some irresponsible gun freak and she wasn't. she was the epitome of responsibility and she was a paragon for gun safety and taught the...
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the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you know what is happening at the meeting. if the president calls congressional leader to the white house it's all political theater or they have a deal. my bet it's all political theater. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives
the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you...
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Dec 18, 2012
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. >>> some business out of washington to bring your way. there has been some movement. i say some movement on the plans to avoid the fiscal cliff. and when i say some movement it means plan b because republicans are apparently readying something to consider plan b to try to avoid going off the fiscal cliff. we are counting down two weeks until the deadline. the deal has to be made before then. the republicans are saying that a counteroffer came their way from president obama on taxes and spending as quote not there yet. dana bash joins me live from capitol hill. i know that the speaker of the house spoke just last hour about his concerns and thoughts moving forward. are we getting anything other than rhetoric and platitudes? are we finding further movement ahead? >> reporter: we are definitely getting a lot of rhetoric and platitudes. high stakes positioning and tactical positioning right now as we get closer to that deadline. but big picture of what is going on is that the house speaker went into a meeting and announced he was going to move forward to plan b. what is p
. >>> some business out of washington to bring your way. there has been some movement. i say some movement on the plans to avoid the fiscal cliff. and when i say some movement it means plan b because republicans are apparently readying something to consider plan b to try to avoid going off the fiscal cliff. we are counting down two weeks until the deadline. the deal has to be made before then. the republicans are saying that a counteroffer came their way from president obama on taxes...
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>> that's washington state and not washington d.c. >> sorry. >> it's different in colorado. it's only 15% exise tax in colorado. the market needs to shake itself out. at this point there's a huge additional cost built into the price of marijuana based on the fact that it's sold in a criminal market. once it is licensed and regulated, the price will certainly go down to some extent. >> how confident are you -- you talk about setting up a regulated functioning market for weed as if you just snapped your fingers. how do you make sure this stays out of the hands of those who are under 21? >> well, we've seen in colorado already a fully regulated market that is serving 120,000 medical marijuana patients and no reports of any marijuana being diverted from those stores to teens and moreover while the use of marijuana among teens has gone up 11% nationally, it's actually gone over the past two years 11% in colorado. so what we see is a regulated market that can keep marijuana out of the hands of teens and we hope the federal government and president obama don't stand in the way of p
>> that's washington state and not washington d.c. >> sorry. >> it's different in colorado. it's only 15% exise tax in colorado. the market needs to shake itself out. at this point there's a huge additional cost built into the price of marijuana based on the fact that it's sold in a criminal market. once it is licensed and regulated, the price will certainly go down to some extent. >> how confident are you -- you talk about setting up a regulated functioning market for...
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flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming together all at once. economists already warning the fiscal cliff situation could cause another recession. now we're about to hit the nation's debt ceiling. secretary geithner in a letter to congress did go ton say, quote, he would take extraordinary measures and say these extraordinary measures can create approximately $200 billion in head room under the debt limit. under normal circumstances the amount of head room would last approximately two months. however, given the significant uncertainty that now exists with regard to unresolved tax and spen
flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming...
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but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic. thanks a lot. greatly appreciate it. >>> now, mica, let's go to sports. last night i cannot believe you are such an nfl fan while you're watching one direction you are also watching monday night football. >> i watched it on the big screen. >> did you really? >> yeah. >> that's not right. robert griffin iii making his monday night football debu. rg-3 finds running room along the leave side. he's got the first down and much more. but as he goes down, the ball pops loose right into the waiting arms of josh morgan who takes it in for a touchdown to give the redskins an early
but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic....
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steve is live here in washington with more. steve? >> hear in washington, dc, shock and sadness, but, also, a new determination to look at all the possible ways another tragedy could be prevented. outgoing senator joe lieberman, an independent from connecticut, had this observation about gun control. >> the same for democrats, republicans, and independents, to acknowledge two things: one, the strongest conceivable gun control laws will not stop all acts of violence. but, also, knowledge that the stronger our gun control laws are, the fewer acts violence including mass violence, will happen in our society. >> he goes further and propose as national commission, and senator durbin expressed support. tom ridge served on a state commission to investigate the virginia tech shootings five years ago and said this is a complex problem that needs careful attention. >> there are multiple players here tomorrow have a serious conversation about reducing the risk of this happening, we have to start dealing with all the layers. it is about lifecy, a
steve is live here in washington with more. steve? >> hear in washington, dc, shock and sadness, but, also, a new determination to look at all the possible ways another tragedy could be prevented. outgoing senator joe lieberman, an independent from connecticut, had this observation about gun control. >> the same for democrats, republicans, and independents, to acknowledge two things: one, the strongest conceivable gun control laws will not stop all acts of violence. but, also,...
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. >> msnbc's pete williams in washington. many thanks. >> you bet. >> new reaction from the white house as the flags fly at half staff to remember the victims. ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day
. >> msnbc's pete williams in washington. many thanks. >> you bet. >> new reaction from the white house as the flags fly at half staff to remember the victims. ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market...
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to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com in san francisco we have will durst he is a political comic and syndicated columnist and in paris we cross the analysts a bit more he's a journalist and political commentator on cross talk rules in effect if you want to do this for this episode here. analysts say if i go to you first in paris if there is a hierarchy of events or ideas of the year that's about to end what would they be for you. well it's cool to be the president and actually for us because that was really sort of the great thing marking the. political yeah and the fact that because you were sent home by the voters so i would say that's the biggest thing this year john how about you but it's because i was going to say to you do you think two thousand and twelve droned along. did go along for a lot of unfortunate people in pakistan and yemen and elsewhere they're not too happy with the u.s. drone program there but i think probably you know my realm is foreign policy and i think unfo
to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com in san francisco we have will durst he is a political comic and syndicated columnist and in paris we cross the analysts a bit more he's a journalist and political commentator on cross talk rules in effect if you want to do this for this episode here. analysts say if i go to you first in paris if there is a hierarchy of events or ideas of the year...